London property market widens UK wealth gap

London’s residential property has traditionally fetched higher prices than houses elsewhere in the UK but the financial crisis has triggered a marked polarisation of the market, with home values falling in every region of the country other than the capital and its near environs.
Underlining the extent of Britain’s wealth divide, real estate consultant Savills has released a new study showing a growing disparity between house prices in London and the South East and those in the rest of the country…………………………………..Full Article: Source